NASDAQ$FLNC

Fluence Energy Inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Fluence Energy reported Q2 fiscal 2025 total revenue of $431.6M with a net loss of $41.9M and diluted EPS of $(0.24).

Total revenue was $431.6 million, down from $623.1 million in the prior-year quarter as energy-storage project timing shifted. The company reported a net loss of $41.9 million, or $0.24 per Class A share, with deferred revenue and related-party volumes still central to the growth profile.

  • Q2 total revenue $431.6M (-31% YoY).
  • Net loss $41.9M; diluted EPS $(0.24).
  • Deferred revenue balance grew to $648M.
  • Battery storage deployments and supply chain remain key.

Headline financials

Total Revenue

$432M

Previous: $623M-30.7%
EPS (adj)

-$0.24

Previous: -$0.07-242.9%
Total Backlog

$4.9B

No prior period
Annual Recurring Revenue

$145M

No prior period
Energy Storage Products Contracted (GW)

0.2

Previous: 0.9-77.8%
Service Contracts Contracted (GW)

0.2

Previous: 0.5-60.0%
Digital Contracts Contracted (GW)

1.3

Previous: 3.1-58.1%
Energy Storage Products Deployed (GW)

6.2

Previous: 5+24.0%
Service Contracts Assets Under Management (GW)

5.3

Previous: 4.3+23.3%
Digital Contracts Assets Under Management (GW)

19.9

Previous: 18.3+8.7%
Pipeline

$32.30

Previous: $25.80+25.2%
Services Pipeline (GW)

25.9

Previous: 25.6+1.2%
Digital Pipeline (GW)

57.9

Previous: 64.5-10.2%
Capital Expenditures

-$6.46M

Previous: -$2.47M-161.3%
Net Income

-$31M

Previous: -$9.17M-238.6%
Operating Income

-$43.9M

Previous: -$15.6M-181.8%
Gross Profit

$42.6M

Previous: $64.2M-33.7%

Revenue & EPS history

Fluence · Revenue · Quarterly

$432M

Q2 2025-30.7%vs Q2 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Fluence highlights deferred revenue growth and project pipeline; no quarterly EPS guide in the 10-Q.

Tailwinds

  • Deferred revenue $648M supports future recognition.
  • Energy-storage demand and policy tailwinds.
  • Related-party project pipeline with AES/Siemens.

Headwinds

  • Project timing shifts revenue quarter to quarter.
  • Supply chain and manufacturing ramp risk.
  • Losses until scale and mix improve.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 17 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.7%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+1.8%

Avg return

30 days after

50%

9 / 18 earnings

Positive

+39.4%

Q2 2026

Best reaction

-46.4%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+39.4%+56.9%+68.8%
Q1 2026-34.6%-34.5%-49.0%
Q4 2025+6.5%+24.3%+25.5%
Q2 2025+7.6%+28.2%+4.7%
Q1 2025-46.4%-50.8%-60.1%
Q4 2024-17.5%-18.3%-29.9%
Q3 2024+10.9%+9.8%+27.8%
Q2 2024-9.9%-16.4%+7.4%
Q1 2024+10.1%+13.1%-21.4%
Q4 2023+31.4%+3.9%+41.7%
Q3 2023-5.8%-12.7%-4.1%
Q2 2023+8.2%+25.3%+30.3%
Q1 2023+8.7%-2.2%-19.0%
Q4 2022+36.7%+25.3%+34.3%
Q3 2022-4.4%-9.5%+6.2%
Q2 2022-23.4%-7.0%+13.3%
Q1 2022-2.6%-18.4%-30.3%
Q4 2021-1.7%+2.7%-14.0%
Q3 2021
Q2 2021
Q1 2021
Q4 2020

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